Economic diplomacy should become a strong driving force: Minister
Consolidating traditional growth engines while optimising new ones is among the key tasks set out by Minister of Foreign Affairs Bui Thanh Son at a conference on the 2024 economic diplomacy in Hanoi on February 22.
Minister of Foreign Affairs Bui Thanh Son speaks at the conference. (Photo: VNA)
Hanoi (VNA) – Consolidating traditionalgrowth engines while optimising new ones is among the key tasks set out by Ministerof Foreign Affairs Bui Thanh Son at a conference on the 2024 economic diplomacy inHanoi on February 22.
Others include promoting innovations in theresearch, consultancy and forecasting work, and raising the efficiency ofeconomic diplomacy as well as the coordinating role of the Steering Committeefor Economic Diplomacy, Son said while chairing the conference.
To complete these tasks, the minister suggestedfurther utilising traditional driving forces to expand export opportunities andattract high-quality investments; reviewing and materialising internationalcommitments and agreements in foreign affairs; keeping a close watch on the internationaleconomic situation; and integrating economic diplomacy activities into thedevelopment of localities and businesses, among other measures.
It requires innovations and changes in both mindsetand action to fulfill the tasks the Party, State, and Government assigned tothe Ministry of Foreign Affairs, Son stressed.
Reviewing external relations and economic diplomacy lastyear, the minister said they helped generate new development opportunities andadvance the country’s position and reputation.
He also highlighted the successful trip by PrimeMinister Pham Minh Chinh to Davos, Switzerland, for the 54th Annual Meeting ofthe World Economic Forum (WEF-54) and his official visits to Hungary andRomania in January 2024.
The same month, Vietnam welcomed high-rankingdelegations from Germany, Indonesia, the Philippines, Laos, and Bulgaria, withmany important agreements signed, the official continued.
He asked heads of agencies at home and Vietnameserepresentative offices abroad to closely follow the Government’s instructions on socio-economic development, and the reality in sectors, localities andenterprises in order to mobilise resources for strategic breakthroughs, makingeconomic diplomacy truly a strong driving force for national rapid and sustainabledevelopment./.
Deputy Foreign Minister and head of the Steering Committee for Economic Diplomacy Nguyen Minh Vu has written an article highlighting how economic diplomacy has positively contributed to the national development and effectively played a role following the directions set forth at the 13th National Party Congress.
Thai Deputy Prime Minister and Minister of Foreign Affairs Parnpree Bahiddha-Nukara has been appointed to head the government’s new committee on promoting economic and investment stimulation measures and attracting high potential foreign investment.
Prime Minister Pham Minh Chinh assigned major tasks to the diplomatic sector and relevant agencies in economic diplomacy while addressing a plenary session of the ongoing 32nd National Diplomatic Conference on December 21.
The Vietnamese Embassy in Laos has obtained significant achievements in all the fields within its remit this year, particularly in economic and cultural diplomacy, said Ambassador Nguyen Ba Hung.
Prime Minister Pham Minh Chinh’s working trip conveyed an important message that aligns with the event's theme -the spirit of entrepreneurship for a new era- aiming to maximise international resources in service of national development.
The attendance of the Vietnamese delegation headed by PM Pham Minh Chinh at the 16th Annual Meeting of the New Champions of the World Economic Forum (WEF) in Tianjin carries importance significance, said a researcher on Vietnam.
Party General Secretary To Lam expressed his belief that Australian Ambassador Gillian Bird, with her extensive experience and deep understanding of the region, would make significant contributions to advancing the Vietnam–Australia Comprehensive Strategic Partnership while receiving the newly appointed diplomat in Hanoi on June 26.
Speaking to reporters on June 26, Ministry of Foreign Affairs spokesperson Pham Thu Hang stated that Vietnam calls all parties involved to seriously comply with the agreement, creating conditions for peace, stability, and development in the region and the world.
The President also identified certain limitations in advisory work that require continued innovation and quality improvement to meet state leadership requirements.
The Law on Participation in United Nations (UN) Peacekeeping Operations establishes the fundamental principles, roles, functions, and operational framework for Vietnam’s engagement in the UN peacekeeping missions.
Prime Minister Pham Minh Chinh on June 26 visited the Memorial Hall of the first National Congress of the Communist Party of China (CPC) and Pudong district, a development model in the new era of Shanghai as well as China.
The resolution on tuition exemption and support in the national education system was approved with 440 out of 441 deputies present voting in favour. It takes effect from the date of its adoption and will be applied starting from the 2025–2026 academic year.
An official of HCM City attributed achievements of the two countries' relations to not only efforts by both countries' governments but also perservering support from people's organisations, businesses, and dedicated individuals.
The two sides committed to adopting breakthrough measures to broaden the scope of cooperation and further boost trade turnover in a more balanced and mutually beneficial manner, towards better responding to fluctuations in global trade and contributing to ensuring a stable and sustainable supply chain.
Prime Minister Pham Minh Chinh proposed the city enhance exchanges with Vietnamese localities, particularly Ho Chi Minh City. He called for deeper, result-oriented cooperation in trade, investment, and strategic development — especially in sectors where Shanghai has strengths and Vietnam has demand, such as transport infrastructure, smart and green cities, and innovation.
President Luong Cuong appreciated the ambassadors' contributions to Vietnam's relations with their countries and called for continued efforts to help advance those ties.
PM Pham Minh Chinh called on the SSE and the Shanghai IFC to share their expertise with and provide technical support for relevant Vietnamese ministries and agencies during the process of building Vietnam’s own international financial centre.
According to the resolution, Nguyen Thi Thanh, a member of the Party Central Committee and Vice Chairwoman of the NA, was appointed Standing Vice President of the council and head of its personnel sub-committee.
PM Pham Minh Chinh has expressed his confidence that Asia has all the necessary foundations to continue rising, asserting its role as a pillar and driving force of the global economy.
In his closing speech at the 10th plenum of the Party Central Committee in September 2024, Party General Secretary Lam declared: “With the position and strength accumulated over 40 years of renewal, and with the unity of the entire Party, people, and army, alongside new opportunities under the sound Party leadership, we now possess the essential conditions to enter a new era."
Minister of Foreign Affairs Bui Thanh Son speaks at the conference. (Photo: VNA) 
